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Christie's May Auction Sparkles with Newhouse Masterpieces and a Nicole Kidman Keepsake

Christie's May Auction Sparkles with Newhouse Masterpieces and a Nicole Kidman Keepsake

Record‑setting sales in New York as an estate jewel and a Hollywood star’s memento fetch top prices

Christie's May sale in New York broke records, driven by a Jeff Koons sculpture from the late S.I. Newhouse estate and a rare Marilyn Monroe photograph owned by Nicole Kidman.

When the doors of Christie’s flagship on 57th Street swung open for its May auction, there was a buzz in the air that felt part excitement, part nervous anticipation. Collectors, dealers and a sprinkling of Hollywood‑curious onlookers filled the room, each hoping to snag a slice of art history or, at the very least, a story they could brag about later.

And brag they could. The night ended with a total of roughly $202 million in bids – a figure that nudged the house’s monthly record upward by a comfortable margin. But numbers alone don’t tell the whole tale; it’s the pieces that pulled those numbers that really mattered.

First up was the crown jewel of the evening: a 1979 Jeff Koons "Rabbit" that had been part of the late S.I. Newhouse estate. The work, immaculate and still glimmering under the auction house’s lights, fetched a staggering $35.2 million, eclipsing its pre‑sale estimate by more than 60 percent. Newhouse, the publishing magnate whose name still graces the façade of the Metropolitan Museum of Art’s modern wing, had quietly built a collection that spanned Abstract Expressionism to contemporary pop, and this Koons piece was the pièce de résistance.

Equally eye‑catching – though on a smaller scale – was a silver‑gelatin photograph of Marilyn Monroe, signed by the legendary photographer Herb Ritts. The print had an especially sentimental provenance: it belonged to actress Nicole Kidman, who purchased it in the late ’90s while filming "The Hours" in New York. Kidman, who’s known for her meticulous taste in interior décor, decided to part with the image, citing a desire to “make room for new memories.” The photograph sailed past its $2.5 million estimate, closing at $3.2 million, proving that a touch of Hollywood glamour still holds sway in the market.

Other highlights included a mid‑century abstract by Joan Mitchell that sold for $12 million and a rare 17th‑century Dutch still‑life that went for $8.7 million. But perhaps the most intriguing moment of the night was the quiet, almost reverent hush that fell over the room when the auctioneer announced the final lot – a set of four original sketches by Georgia O’Keeffe, once owned by a private collector in Santa Fe. They went for $14.3 million, a reminder that even in an age of hyper‑digital everything, the hand‑drawn line still commands respect.

So, what does all of this mean for the art world? For one, it underscores how provenance – whether tied to a titan of publishing or a beloved screen star – can amplify a work’s allure. It also shows that Christie’s, despite fierce competition from rival houses, remains a magnet for high‑profile consignments that can turn a typical auction night into a headline‑making event.

As the lights dimmed and the last champagne glasses clinked, the consensus among those present was clear: May had been a triumph, and the market’s appetite for iconic, story‑rich pieces shows no sign of waning.

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